The former Mamelodi Sundowns right-back made himself proud after graduating with a Political Science and Social Studies degree.
'Pa' is currently without a team after leaving Ajax Cape Town last season.
However, despite being unemployed, Gaxa managed to focus on his studies and having attained his first tertiary qualification, is now dedicated to his LLB studies as he takes his education further.
"I have not yet made a decision [on retirement]. Age is not on my side and [the course] I am involved in now is consuming a lot of time. I have not yet finalised my retirement but I am getting closer," Gaxa told snl24.com/kickoff.
Gaxa, who has also invested in property, has credited a number of people who inspired him to prepare for life after football.
"Some people don't understand the historical background. Some of us come from poor families and know nothing about investment. Some have been taught but again I don't think I have done enough to explain about investment," the former SuperSport United man continued.
"I was fortunate to come across people like Pitso Mosimane and Glyn Binkin, who assisted me to choose certain things. Their influence played a massive role. Listening to those people was a key element.
"It's always difficult to choose certain things. You start playing professional football and earning a big salary at the age of 22 and it's difficult to start to think that your football career will one day come to an end."
Gaxa was humbled by the reaction of South Africans following his graduation at Wits University.
"It was always difficult but I wanted it so bad and managed to qualify and get my qualification. I was humbled by the big reaction from the South African citizens. It was amazing. It was good to see people talking positive stuff about football rather than negative stuff. Let's continue to build a positive and transformative society," he concluded.